this is business live from bbc news with aaron heslehurst and ben thompson. toshiba's troubles continue — the japanese giant faces the prospect of being delisted from the tokyo stock exchange. live from london, that's our top story on tuesday 11th april. toshiba isn't the only japanese company which is struggling to stay afloat — later in the programme, we'll look at the issues facing some of the country's biggest names. also in the programme... the business community has been reacting to this video of a man being dragged off a united airlines flight. come fly the friendly skies... or not! we'll bring you full details later in the show. and we give you an update on the

markets. the looming french election, we will tell you for that is doing to investors. and taking to a road near you? when will driverless cars become a reality — and can we trust the technology? i get the inside track from the intel boss heading up the tech giant's new driverless car division. and as aaron said, that united airlines video is going viral around the world, will be an airline ever redeem itself and what do you think the passengers should get? tell us your thoughts. let us know, use the hashtag bbcbizlive. that poor bloke, he should be getting first—class for the rest of

his life, that's what i say! we start with the troubles at toshiba. the company is expected to publish its results for the last quarter of 2016 today, after postponing them twice. and they are expected to be disastrous. the numbers have already been spilled twice. —— been postponed. we hope to no mere after a press conference scheduled to start shortly. recently toshiba announced that its losses would triple as a result of difficulties faced by its us westinghouse division. the company's us new—clear division has suffered huge cost over—runs at two projects in georgia and south carolina. since toshiba told us these numbers would be awful... take a look at what investors have in doing. they have been sucking their money out of the country. and

their money out of the country. and the company. the company's share price has more than halved. there are fears that toshiba could be de—listed from the main tokyo stock exchange if it reports another set of disappointing financial results. the issues faced by toshiba highlights japan's problem with so—called zombie companies. some experts argue that the central bank is making it too easy forjapanese firms to access funding and this is providing an artificial lifeline to unprofitable businesses. you have to ask yourself, as an outsider, what are the problems and why have all these problems hit japan, corporate japan? you think about the household brands that we all used to use and love? what has gone wrong? the bbc‘s rupert—wingfield hayes has been to investigate — let's take a look. these were the greatest rounds in

consumer goods for decades. toshiba, panasonic, hitachi, sony... how did we end up here? first of all the chinese and the koreans came along and they could make these things just as well but much cheaper. worst of all and most importantly these japanese companies lost their mojo, they forgot how to innovate. the country that invented the walkman did not go on to invent the smartphone. inside a vast exhibition hall more than 3000 new recruits are being inducted into one of japan's than 3000 new recruits are being inducted into one ofjapan‘s big corporations. a lot of these young people can expect to spend the whole of their career in this one company. it will we come their second home. they'll expect to work hard, long hours and wait their turn for promotion. it's a model does work

well forjapan in the past but it has real problems. in this rigid corporate hierarchy promotion is based on age, not on talent. it's a culture that is resistant to change and bad at producing new ideas. japan's big corporations realised they had to change to survive and toshiba decided to bet on nuclear. in 2006 it went out and bought westinghouse five years later, this happened. but this behind me here, this is me, inside the fukushima plant four yea rs inside the fukushima plant four years ago. . . inside the fukushima plant four years ago... this changed everything, many companies deciding they did not want anything to do with nuclear power and those that did insisted any new plants must be much safer the cause of that, they

work going to be much more expensive than bad is the root of toshiba's current financial disaster. —— and that is. toshiba is not alone. 0ther famous japanese names have been through deep crises, last year sharp was told to a taiwanese company, now toshiba will be broken up, it's best it's sold off to the highest bidder. rupert wingfield hayes, bbc news, tokyo. well lets talk more about this with makoto itoh, he's a professor emeritus of the university of tokyo and a member of the japan academy. a warm welcome to the programme, i am interested first and toshiba, the figures delayed once again, what is your take on what we might hear from toshiba? hello! i suspect he perhaps

cannot hear us... no, i hearyou. good to establish communications, i am just going to try again because we wa nted am just going to try again because we wanted to pick up on what happens in terms of toshiba and i wonder if you can give me your take on the fa ct you can give me your take on the fact that the results have been delayed twice so what happens next? i think they decided this morning in tokyo to disclose q3 delayed reports of last year until december. and they could not get approval from the audit corporations but decided to announce the report openly. they

feared that more delay would endanger their position in the stock market. so they decided to disclose this afternoon the huge loss of probably tell $1 billion. —— $10 billion. and probably they tried to restructure the financial position from there. we are having some problems about being able to hear you so problems about being able to hear you so we are problems about being able to hear you so we are going to cut this short but i thank you so much, we will try to establish that line if we can. shall we touch on some of

the other stories? a bit of a car theme. in other news... japanese carmaker toyota says it's spending 1.3 billion dollars on its plant in the us state of kentucky, as part of a plan to invest 10 billion dollars in the country. it comes just months after us president trump threatened toyota with a border tax if it didn't make its cars in the united states. talking more about united airlines... one of the security officers involved in the incident was placed on leave pending an investigation. the airline had overbooked the plane from chicago, and when no one volunteered to leave to let some of united's staff on board, they selected the man and his travelling companion, at random. when he refused to get off, he was dragged down the aisle by security guards. we'll talk more about that a little later. let's talk markets now — as investors remain rather cautious, a bit nervous with some of the heighten tension

around the world. the political tinderbox in the middle east, the escalating issues around the korean peninsula and the french elections looming — all of this sending investors heading towards the safe haven doors. europe — those safe havens — the japanese yen, govt bonds, govt debt, swiss franc and of course gold. even oil — whichjumped a bit on supply worries with that us missile attack on syria — has reversed some of those gains. so there you go — let's go and find out what'll be making the headlines over on the other side of the atlantic — here she is — here's samira. small business owners continued

their streak of as in, we'll find out later today when the national federation of independent business releases its monthly survey. although small—business owner of missing data in the month of february, it stayed near long—term highs as owners remain hopeful about more business friendly policies from washington. and speaking of small businesses, the federal reserve district banks will also be releasing a survey that looks at business conditions and the credit environment from the perspective of author 10,000 small—business owners who have employees. and finally, the us labor department will release the jolt for february, that's the job openings and labour turnover survey which economists believe will show a higher reading. thank you. nandini ramakrishnan is global market strategist atjp morgan asset management. great to see you, let's pick up on

the us been, not giving away too much yesterday, tell us more. not a great time to start hiking rates, we expect them to do two more, one in june, another in september, remember interest rate hikes are a signal that the us economy is doing way, thejobs that the us economy is doing way, the jobs market tight, that the us economy is doing way, thejobs market tight, low that the us economy is doing way, the jobs market tight, low on employment numbers and inflation, the price moves month on month, year on year, starting to pick up closer at to the vet's all. if the us stays... i know we have thejobs number on friday which was disappointing but typically the jobs numbers have been strong, many will say us employment is pretty full, if the us continues on a healthy track at could there be a third? the feds, one of their fraser says they are data dependent, they are tracking it as it comes in and if it looks strong, maybe there is a chance for three more hikes, making it four on

the year. there is a talk about the technical aspect, maybe they will only do two but able to get their balance sheets, see if they are buying more assets and it's reminding us as investors do combinations of monetary is or two that they can use. it becomes ever more evident of the different routes that central bank are taking, in europe you have a different picture to the united states. exactly, the european central bank is taking a hands—off approach, purchasing assets, tying bonds in the market, towards the end of the year, good for them to keep stability as there are political issues and events in europe, the french elections, the german elections towards the end of the year and it allows the ecb to keep policy steady through the process and keep stability in the markets when the political side will be volatile. you use the word steady, with investors, i will return to what i said on the catwalk. investors... they are

treading cautiously at the moment, a lot going on, not nice stuff going on around the world, geopolitical risk, that sees a lot of money being poured into safe havens. that's not necessarily coming at the cost of equity markets, we still see the foot sets and the global equity markets remaining stable but we see people looking into some of those safe havens, at this time it's a great principle to diversify and keep yourself broad across asset classes. -- ftse. good to see you. thank you for explaining all of that. still to come... are they taking to a road near you? when will drivers cars become a reality and can we trust the technology? i don't know, can we. we will get the inside track. from intel was, heading up the new driverless car division. you are with business live from bbc news! jd sports has reported an 80%

jump in annual pre—tax profit to £238 million. the company said that its sport fashion division had an exceptional year. joining us is george macdonald, executive editor, retail week. good morning to you. let's talk first of all the results as we said, they look pretty good, but this comes they look pretty good, but this co m es after they look pretty good, but this comes after a damning investigation, one that looked at the conditions in its warehouse. the warehouse in rochdale and it was found to be a pretty tough place to work. just explain it for us. yes, there was various allegations made several months ago including for instance that workers could be sacked on—the—spot. jd said at the time that it disagreed with the various claims and it mounted a review since

which it makes brief reference to this morning. it got deloitte in to have a look at conditions and says that the report was not balanced in its view. so it will hope to draw a line under those claims. george, it is aaron here, what's the difference between sport direct and jd? up, what's going on there? yes, there are some big differences between the two companies. jd, unlike sports direct has very good relationships with suppliers. that means it can get exclusive product. it puts a lot of energy into making sure its stores look great and that draws customers in. it is benefiting too from this leisure trend of people wearing trainers for every purpose. briefly, they have been talking about brexit and about what it will mean for the business. talk us through what they make of it all? well, like lots of retailers they have forecast uncertainty. you have

got things like the decline in value of the pound. however, they're confident they have got a business model and they're doing the right things and they can trade quick successfully through it. george, thank you very much. i want to take you to the business live page because all sorts of results are coming through. news from heathrow. growth up at heathrow, but remember, heathrow airport also want the title of being best airport in western europe. it is the third time that it won. some terminals are nice! laughter you're watching business live. we hear a lot about the development of driverless cars, but when might they actually become common on our roads?

we know major car firms and tech giants are investing billions of dollars in the industry, but when will it start to pay off? well, ford is the most ambitious. it aims to have a fully autonomous car with no steering wheel or brake pedal on the road in four years. by 2025, the driverless car market is expected to be worth $112 billion, according to boston consulting group. ihs researchers predict there could be 76 million autonomous vehicles on the road by 2035. intel has bought specialist technology firm mobileye for $15 billion. it's all part of a new strategy to focus exclusively on this market. doug davis runs this operation and told me what that tie—up will allow the firm to achieve. we really see the opportunity to

more tightly integrate what they do with what intel can deliver with the computing in the car in the way in which we combine data from cameras and other sensors with high—definition maps to be able to calculate where that car needs to go to get you from one point to the other. how long until autonomous ca i’s other. how long until autonomous cars become the norm on our roads? many of the car manufacturers are saying that they'll start building ca i’s saying that they'll start building cars that are consumer can go and purchase in 2021, that's their time frame. so we think by 2025 or so, we will start to see a pretty meaningful number of these vehicles on the road and the projections are that really takes off. we've projected that's $70 billion opportunity by the year 2030 when we look at the computing in the car and the data and the services associated with the vehicles. it sounds wonderful, but there is a lot of issues you've got to contend with,

not least convincing consumers that they are safe and the security implications of it. how do you do that? we're concentrating on things like security, and privacy and how you make the systems really safe and robust, but there is that human factor, we're going to want to make sure that the car see that is bicycle or the truck that's coming up. so our intel lab is working with oui’ up. so our intel lab is working with our customers up. so our intel lab is working with oui’ customers on up. so our intel lab is working with our customers on technologies that can make the car give us indications that it does see something or that that it does see something or that that car can indicate to a pedestrian standing on its corner that they see each other as well. 0ne tier that many people might have is connectivity because when we talk about electric cars, there is the worry you won't be able to charge if you're on a long journey, what about with autonomous cars, i imagine they contact with a network and that relies on good 5g and good wi—fi? the car will be able to continue to navigate with the sensors that are in the car, the model that's in the

carand in the car, the model that's in the car and the in the car, the model that's in the carand the map, in the car, the model that's in the car and the map, even though we may lose connectivity at some point other another. there was a high—profile case of, ber‘s autonomous car being involved in a collision. how damaging are headlines like that? 9396 of fatal accidents in the united states happen because of human error. autonomous vehicles will be safer because of the ability of the vehicle to see what's happening around it taught and be able to calculate and handle circumstances ina very calculate and handle circumstances in a very predictable manner.m strikes me autonomous vehicles can make a huge difference to people with disabilities, particularly those with sight loss s that a happy bi—product or is it central to what you're trying to achieve? mobility on demand is really important. there are so many on demand is really important. there are so many benefits. we can think about people with disabilities, people who have some sight limitations, it will give them the

ability to move around much more easily. but it will also provide a wide range of other benefits. it will reduce the amount of congestion for cars driving around looking for a parking space because we know cities are eager to put infrastructure in place that will help indicate where parking spaces are. so, if we can have that data combined with autonomous vehicles the car can combined with autonomous vehicles the carcan drop combined with autonomous vehicles the car can drop you off at your doctor's appointment, go find a place to park and then just come back and pick you up when you're ready. it will help on that mobility on demand, but it will help with city infrastructure as well. we think about all the really big, you know, interesting things that will come as a result of driverless cars, being able to get around, but really mundane useful things like car parks can be smaller because you will be able to get dropped off at the pavement and the car will drive itself. you say there is a positive,

but there are negatives. dominic 0'connell, what's the negative? what are... if you're plan to go drink your life away and rely on having a liver transplant, 90% of all organs come from car crashes. where are the car crashes going to happen if you only have driverless cars? it's so true. dominic, let's talk about the stories in the papers and there is one story dominating, sna0d, it is this one, the one about united airlines. you got the pictures. run the pictures and we can talk. look, imean, the, the pictures and we can talk. look, i mean, the, here we go. what do you say about it dominic? the flight was overbooked and there were four united employees flying to connect to another flight. people wouldn't ta ke to another flight. people wouldn't take the compensation which is what normally happens. so the computer

chose four people at random. a couple left and this guy was the next and he said he wouldn't go. he claimed to be a doctor and he said i have got to go and see my patients the airline called airport security staff and they knocked him about a bit. he was bleeding from his nose and mouth and social media has gone nuts and united airlines response has been typical of a company that just doesn't get it. not really an apology from the chief executive la st apology from the chief executive last night and it was the second statement, the first response...m was terrible. the first response was a spokesman saying we had an overbooking incident. the second one, we're sorry if anybody was distressed. it wasn't something like we got this completely wrong. let's jump we got this completely wrong. let's jump into some tweets. a lot of comments. 0ne here from a viewer who says, " let's comments. 0ne here from a viewer who says, "let's stop saying the flight was overbooked. the point is

eve ryo ne was overbooked. the point is everyone had seats. united needed the seats for staff." everyone had seats. united needed the seats for staff. " this just highlights that not just the seats for staff. " this just highlights that notjust united, but we have seen other mistakes with airlines, they don't, they haven't got it yet about the social media and the speed that things can move around the world. social media doesn't help if you knock one of your paying passengers about. you shouldn't do it and if you do it, you apologise. none of us realise what we really sign up to when we buy an airline ticket. the contract that you enter into is 37,000 words long. so they have rights to do stuff to you that you don't even think about, but as a customer, someone think about, but as a customer, someone who buys an airline particular, i want to make sure, i wa nt particular, i want to make sure, i want to know that i'm going to be on the flight and fly from a to b. that's the basic and that's not the case with modern airline travel. dominic, thank you very much. someone texted and said, "they asked the man to leave and he refused. end of story. " the man to leave and he refused. end of story." that's it from us. bye— bye. chilly mind you underneath the clear

skies from overnight. the temperatures really dribbled away. it isa temperatures really dribbled away. it is a different kettle of fish as we move further north in the british isles. this loop of cloud coming in from the atlantic. a classic indication ofa the atlantic. a classic indication of a weather tront that's delivered wet and windy fair across the northern and western isles and the northern and western isles and the northern parts of scotland to the north—west of the great glen. come mid—afternoon, we have to get away interest the weather front and see president best of the sunshine. somewhere along the south—eastern coast is going to see 1a, 15, possibly coast is going to see 16, 15, possibly 16 celsius up towards the london area. 16 celsius is possible. as you drift further north, so we begin to fill in the cloud, not without the hope of brightness, parts of northern england and northern ireland too come the mid—afternoon. 0nce we're into scotland, sunshine at a premium here. dry in the south and the east, the wind really significant. notice the wind really significant. notice the number of isoba rs the wind really significant. notice the number of isobars there and the wet weather front stuck across the north—west until overnight when it shows the first signs of an

inclination to move across the northern half of the british isles. some heavy bursts for a time across the pennines, the north of wales, but much further south, the front really doesn't deliver very much in the way of rain. further north, a mixture of sunny spells and cloud around. still blustery, and out into wednesday night, and on into the first part of thursday, that's the towns and city temperature profile. in the countryside there could be a touch of frost around. a bright enough start to thursday and then we'll just have enough start to thursday and then we'lljust have a peppering of showers for the most part across northern and western parts of scotland, the odd few coming in on the westerly breeze to the western facing coasts and hills. come good friday, not a great deal changes. this if you join the dots is a weak weather front providing rain for some, but again the south—eastern quarter dry enough. cool fair across the northern and north western parts of scotland. and then we're off and running towards the holiday weekend. easter weekend, of course. running towards the holiday weekend. easterweekend, of course. notice the number of isoba rs easterweekend, of course. notice the number of isobars wrapped around another low pressure. perilously

close that north—eastern part of scotland. so windy fair here and again, copious showers urged along by the north—westerly breeze. so the holiday weekend, easter weekend sta rts holiday weekend, easter weekend starts on a rather unsettled note, but with the pressure beginning to build in for easter day itself, while many of us should see a little bit of sunshine and some dry weather. it's tuesday, it's 9 o'clock, welcome to the programme. this morning — in the 70s and 80s almost every haemophiliac patient in this country was infected with hiv and hepatis, in one of the biggest nhs scandals ever. now this programme has learnt that a new support scheme for victims and their families will leave some far worse off than others. it was something i kept to myself, i was determined i wasn't going to tell anyone because i had seen the stigma. i told a couple of close brings, that was it, i didn't tell anyone else at all. also north korea

says it's ready for war and calls america reckless and outrageous are sending in naval fleet america reckless and outrageous are sending in navalfleet into korean waters. we